How to fight fraud in manufacturing environments

The manufacturing sector is one of the industry sectors most vulnerable to asset misappropriation and fraud. The practical understanding of fraud is not “will it happen to me” but rather “when will it happen to me?” As incidences of large-scale fraud scandals become publicly known, organizations may consider assessing their own fraud detection efforts.

The odds are that fraudulent activities have unknowingly already taken place, and will continue to happen until you do something about it. However, detecting and proving fraud is not an easy task, so how can you identify and prevent fraud?